The dollar rose on Monday against major currencies touching an 11-year peak. The Euro, which has been in an extended slump, had been up by as much as a third of a percent against the dollar but surrendered gains and traded near unchanged at just under $1.12.
Striking truck drivers resumed some roadblocks in Brazil on Monday even as the government cracked down on protesters and promised to implement a law to lower toll costs and give other benefits to the transport sector.
Tabare Vazquez was sworn in as president of Uruguay Sunday, returning to office a decade after first leading the centre left catch-all coalition to power and drawing a curtain on folksy farmer Jose Mujica's colorful rule. Vazquez, a cancer doctor with a more buttoned-down style than the outspoken Mujica, won 53.6% of the vote in a November 30 presidential run-off, reclaiming the office he previously held from 2005 to 2010.
I'm asking all Argentine and mainly those who have aspirations of leading the country, to open their heads, said Cristina Fernandez in reference to the recently signed agreements with China, which are in the framework of an integral strategic association and have under strong criticism.
In her usual fiery style Argentine president Cristina Fernandez on Sunday addressing Congress lashed out at the Judicial branch, questioned the political use of the AMIA bombing, for the first time openly referred to the Nisman case, and underlined that Argentina is no longer 'in the red'. She ended with a veiled warning to whoever succeeds her following on October's presidential election.
A coroner inquiring into the death of a former British Airways pilot has said that toxic fumes in cabin air pose a health risk to aircrew and frequent fliers. People regularly exposed to fumes circulating in planes faced “consequential damage to their health,” according to Stanhope Payne, the senior coroner for Dorset.
The German government sold five-year notes at a negative yield for the first time in its history on Wednesday. The milestone comes as the European Central Bank prepares to begin a bond-buying program, known as quantitative easing, in hopes of stimulating growth in economies across the Continent.
Gibraltar police and customs officers have been given additional stop and search powers inside so-called tobacco ‘special zones’. Until now, officers required reasonable suspicion of a tobacco offence before they could stop vehicles and question the occupants.
Joseph Cotterill, the Financial Times journalist who was quoted by Argentine President Cristina Fernández during her Congress address as proof the country has recovered financially, responded critically to the Head of State.
Argentina and Chile on Monday will hold a ceremony certifying that the Chilean territory of Tierra del Fuego has been completely swept of mines, dating back to the late seventies, and in accordance with the 1999 Ottawa Convention commitments.